Form 4: Cadre Holdings Executive Brad Williams Reports Stock Transactions

Brad Williams, President of Cadre Holdings, reports the vesting of restricted stock units and the grant of new stock options.

Summary

• On March 13, 2025, Brad Williams, President of Cadre Holdings, Inc., reported transactions involving the company's stock.
• 4,191 shares of common stock vested from a previously granted restricted stock unit award.
• 1,021 shares were withheld by the issuer to cover tax obligations related to the vesting.
• Williams also acquired 48,121 stock options with an exercise price of $34.91, vesting in three tranches between 2026 and 2028.
• Additionally, Williams acquired 15,409 restricted stock units, vesting in three tranches between 2026 and 2028.
• Following these transactions, Williams directly owns 116,380 shares of common stock, 4,191 restricted stock units, and 48,121 stock options and 15,409 restricted stock units.

Sentiment

Score: 6

Explanation: The document is neutral in tone, simply reporting required information about stock transactions. The vesting and granting of equity awards are generally viewed as a positive sign of alignment between management and shareholders, but the document itself doesn't express any particular sentiment.

Positives

• The vesting of restricted stock units and granting of stock options and restricted stock units to the President aligns his interests with those of the shareholders.
• The vesting schedule of the new options and restricted stock units incentivizes long-term performance.

Future Outlook

The document outlines future vesting dates for restricted stock units and stock options, indicating continued equity-based compensation for the reporting person.

Industry Context

This filing is a routine disclosure of insider transactions, common for publicly traded companies. It provides transparency into the equity holdings and compensation structure of key executives.

Comparison to Industry Standards

• Equity compensation is a standard practice in publicly traded companies to align management's interests with shareholders.
• Vesting schedules of three to five years are common for stock options and restricted stock units.
• Companies like Smith & Wesson Brands, Inc. (SWBI) and Vista Outdoor Inc. (VSTO), which operate in related industries, also utilize equity-based compensation for their executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly diluting the stock.
• The equity awards incentivize the executive to improve company performance, which benefits shareholders and employees.

Key Dates